Hindcon Chemical

Why is Hindcon Chemicals Ltd falling/rising?

As of 10-Jun, Hindcon Chemicals Ltd's stock price is at 21.15, reflecting a significant decline of 43.93% over the past year. The company's poor long-term growth prospects and high valuation, combined with declining profits, contribute to its bearish trend.

As of 10-Jun, Hindcon Chemicals Ltd's stock price is falling, currently at 21.15, reflecting a change of -0.02 (-0.09%). The stock has underperformed significantly over various time frames, with a year-to-date decline of 22.01% compared to the Sensex's decline of 11.15%. Over the past year, the stock has plummeted by 43.93%, while the broader market (BSE500) only fell by 5.03%. <BR><BR>The company's operating profit has decreased at an annual rate of -9.42% over the last five years, indicating poor long-term growth prospects. Additionally, the return on capital employed (ROCE) is at its lowest at 7.17%, and the return on equity (ROE) stands at a mere 5.7%. This has resulted in a high valuation, with a price-to-book value of 1.9, which is considered expensive compared to its peers. <BR><BR>Despite being net-debt free and having majority shareholders as promoters, these positive factors are overshadowed by the company's flat results and declining profits, which have fallen by 14.8% over the past year. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Overall, these factors contribute to the stock's decline.

What does Hindcon Chemical do?

Hindcon Chemicals Ltd manufactures chemicals for the construction industry and operates as a micro-cap company. As of March 2026, it reported net sales of 21 Cr and a net profit of 1 Cr, with a market cap of INR 108 Cr.

Overview: <BR>Hindcon Chemicals Ltd is primarily engaged in the manufacturing of chemicals for the construction industry and operates within the Chemicals & Petrochemicals sector as a micro-cap company.<BR><BR>History: <BR>Hindcon Chemicals Limited was originally incorporated as a private limited company named "Hind Silicates Private Limited" in 1998. The company changed its name to "Hindcon Chemicals Private Limited" in 2010 and later converted to a Public Limited Company, adopting the name "Hindcon Chemicals Limited" in 2012. The most recent quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>- Net Sales: 21 Cr (Quarterly Results - Mar 2026) <BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>- Market Cap: INR 108 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>- P/E: 34.00 <BR>- Industry P/E: 42 <BR>- Dividend Yield: 0.00% <BR>- Debt-Equity: -0.14 <BR>- Return on Equity: 5.66% <BR>- Price to Book: 1.90 <BR><BR>Contact Details: <BR>Address: 62 / B, Braunfeld Row, 1st Floor, Kolkata, West Bengal: 700027 <BR>Tel: 033-24490835/39 <BR>Email: contactus@hindcon.com <BR>Website: www.hindcon.com

Which are the latest news on Hindcon Chemical?

Are Hindcon Chemicals Ltd latest results good or bad?

Hindcon Chemicals Ltd's latest results show a significant net profit increase and revenue growth, but concerns remain due to low operating margins, weak return on equity, and a decline in full-year profitability. Overall, the stock has underperformed, indicating caution for investors.

Hindcon Chemicals Ltd's latest results present a mixed picture. In the March 2026 quarter, the company reported a net profit of ₹0.83 crores, which is a significant increase of 159.38% compared to the previous quarter. Additionally, revenue grew by 33.42% year-on-year, reaching ₹20.60 crores, marking the highest quarterly revenue in recent periods.<BR><BR>However, despite these positive growth figures, there are notable concerns. The operating margin stands at just 4.32%, which is below historical averages and indicates ongoing margin pressure. Furthermore, the return on equity (ROE) is relatively weak at 10.19%, suggesting that the company is not generating strong returns on capital.<BR><BR>The overall financial performance has been volatile, with significant fluctuations in profitability across quarters. While the recent quarter shows improvement, the full-year results indicate a decline in profitability compared to the previous year, with net sales down 12.50% year-on-year.<BR><BR>Additionally, Hindcon's stock has underperformed significantly, declining 36.51% over the past year, while the broader chemicals sector has seen positive returns. This underperformance raises concerns about the company's competitive position and operational efficiency.<BR><BR>In summary, while there are some positive indicators in the latest results, the persistent margin pressures, weak capital returns, and overall stock performance suggest caution for investors.

Should I buy, sell or hold Hindcon Chemicals Ltd?

How has been the historical performance of Hindcon Chemical?

Hindcon Chemical has experienced a decline in net sales and profits from March 2023 to March 2025, with net sales dropping from INR 85.59 crore to INR 56.59 crore, while operating profit slightly increased. Despite these challenges, cash flow from operating activities improved, indicating better cash generation.

Answer:<BR>The historical performance of Hindcon Chemical shows a fluctuating trend in key financial metrics over the years, with notable changes in net sales, profits, and overall financial health.<BR><BR>Breakdown:<BR>Hindcon Chemical's net sales have seen a decline from INR 85.59 crore in March 2023 to INR 56.59 crore in March 2025, indicating a significant drop in revenue. This decline is reflected in the total operating income, which also decreased from INR 85.59 crore in March 2023 to INR 56.59 crore in March 2025. The total expenditure, excluding depreciation, followed a similar trend, decreasing from INR 80.42 crore in March 2023 to INR 52.36 crore in March 2025. Operating profit, however, showed some resilience, with a slight increase from INR 4.23 crore in March 2025 compared to INR 5.17 crore in March 2023. Profit before tax also decreased from INR 6.02 crore in March 2023 to INR 5.23 crore in March 2025, while profit after tax fell from INR 4.36 crore to INR 3.83 crore in the same period. The company's net profit showed a decrease from INR 4.32 crore in March 2023 to INR 3.80 crore in March 2025. On the balance sheet, total liabilities increased from INR 52.97 crore in March 2023 to INR 59.05 crore in March 2024, while total assets also rose from INR 52.97 crore to INR 59.05 crore. Cash flow from operating activities improved from INR 5.00 crore in March 2023 to INR 9.00 crore in March 2024, indicating better cash generation despite the challenges in sales and profit margins. Overall, Hindcon Chemical's financial performance reflects a complex interplay of declining sales and profits against a backdrop of improving cash flow and asset growth.

How big is Hindcon Chemical?

As of 24th July, Hindcon Chemicals Ltd has a market capitalization of 179.00 Cr, with recent net sales of 55.48 Cr and a net profit of 5.03 Cr. Shareholder's funds are 49.95 Cr and total assets amount to 59.05 Cr as of March 2024.

As of 24th July, Hindcon Chemicals Ltd has a market capitalization of 179.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 55.48 Cr and a Net Profit of 5.03 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 49.95 Cr and Total Assets of 59.05 Cr.

Who are the top shareholders of the Hindcon Chemical?

The top shareholders of Hindcon Chemical include Hindcon Solutions Private Limited with 25.06%, individual investors with 24.89%, and Inb Sidhu Financial Private Limited as the largest public shareholder at 2.7%. There are no pledged promoter holdings or mutual funds invested in the company.

The top shareholders of Hindcon Chemical include the promoters, with Hindcon Solutions Private Limited holding the largest stake at 25.06%. Individual investors collectively own 24.89% of the shares. The highest public shareholder is Inb Sidhu Financial Private Limited, which holds 2.7%. Additionally, there is one foreign institutional investor (FII) that holds 0.03% of the shares. Notably, there are no pledged promoter holdings and no mutual funds currently invested in the company.

Who are in the management team of Hindcon Chemical?

As of March 2022, the management team of Hindcon Chemical includes Sanjay Goenka (Chairman & Managing Director), Nilima Goenka and Ramsanatan Banerjee (Whole-time Directors), and several Independent Directors: Binay Kumar Agarwal, Girdhari Lal Goenka, Krishna Kumar Tantia, and Sudhir Kumar Bhartia, along with Ankita Banerjee as Company Secretary. They oversee the company's operations and strategic direction.

As of March 2022, the management team of Hindcon Chemical includes the following individuals:<BR><BR>1. Sanjay Goenka - Chairman & Managing Director<BR>2. Nilima Goenka - Whole-time Director<BR>3. Ramsanatan Banerjee - Whole-time Director<BR>4. Binay Kumar Agarwal - Independent Director<BR>5. Girdhari Lal Goenka - Independent Director<BR>6. Krishna Kumar Tantia - Independent Director<BR>7. Sudhir Kumar Bhartia - Independent Director<BR>8. Ankita Banerjee - Company Secretary<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Is Hindcon Chemical overvalued or undervalued?

As of June 10, 2024, Hindcon Chemical is considered very expensive and overvalued due to a high PE ratio of 37.81 and a year-to-date decline of 17.27%, significantly underperforming compared to the Sensex's gain of 6.22%.

As of 10 June 2024, the valuation grade for Hindcon Chemical has moved from risky to very expensive. This indicates that the company is currently overvalued. Key ratios supporting this assessment include a PE ratio of 37.81, an EV to EBITDA ratio of 36.28, and a Price to Book Value of 3.59. When compared to peers in the Chemicals & Petrochemicals industry, Hindcon Chemical's PE ratio is significantly higher than the industry average, which suggests a premium valuation that may not be justified by its financial performance.<BR><BR>In terms of performance, Hindcon Chemical has shown a year-to-date decline of 17.27%, contrasting sharply with the Sensex's gain of 6.22% during the same period. This underperformance, combined with its elevated valuation metrics, reinforces the conclusion that Hindcon Chemical is overvalued in the current market environment.

What is the technical trend for Hindcon Chemical?

As of June 6, 2025, Hindcon Chemical's trend is sideways with mixed indicators, showing mild bullishness on the weekly MACD and KST, but mild bearishness on the monthly MACD and moving averages, suggesting no clear direction.

As of 6 June 2025, the technical trend for Hindcon Chemical has changed from mildly bearish to sideways. The current stance is neutral, with mixed indicators influencing the outlook. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating divergence in momentum. The weekly RSI shows no signal, but the monthly RSI is bullish, suggesting potential strength over a longer time frame. Bollinger Bands are bullish on the weekly chart but mildly bearish on the monthly, reflecting volatility concerns. Daily moving averages are mildly bearish, which could weigh on short-term performance. The KST is mildly bullish weekly and mildly bearish monthly, while Dow Theory indicates a mildly bullish stance across both time frames. Overall, the mixed signals suggest a sideways trend with no clear direction.

When is the next results date for Hindcon Chemical?

No Upcoming Board Meetings

Has Hindcon Chemical declared dividend?

Hindcon Chemicals Ltd has declared a 5% dividend, amounting to 0.1 per share, with an ex-date of August 13, 2024. While recent total returns show volatility with negative performance in the short term, the company has demonstrated substantial positive returns over longer periods.

Hindcon Chemicals Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.1<BR>- Ex-date: 13 Aug 24<BR><BR>Dividend Yield: 0.29%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -28.2%, with a dividend return of 0%, resulting in a total return of -28.2%.<BR><BR>Over the past year, the price return was -37.72%, the dividend return was 0.20%, leading to a total return of -37.52%.<BR><BR>In the 2-year period, the price return was 100.27%, with a dividend return of 3.24%, resulting in a total return of 103.51%.<BR><BR>For the 3-year period, the price return was 189.78%, the dividend return was 12.13%, culminating in a total return of 201.91%.<BR><BR>In the 4-year period, the price return was 441.55%, with a dividend return of 31.94%, leading to a total return of 473.49%.<BR><BR>Over the last 5 years, the price return was 1757.5%, while the dividend return was 142.22%, resulting in a total return of 1899.72%.<BR><BR>Overall, Hindcon Chemicals has declared a dividend, but the recent total returns indicate significant volatility, with negative returns in the short term contrasted by substantial positive returns over longer periods.

Who are the peers of the Hindcon Chemical?

Hindcon Chemical's peers include Arvee Laborat., Indian Phosphate, Indian Emuls, and others, with varying management risks and growth ratings. All peers, including Hindcon, reported a 1-year return of 0.00%.

Peers: The peers of Hindcon Chemical are Arvee Laborat., Indian Phosphate, Indian Emuls, Vital Chemtech, Shri Ahimsa, Jocil, Hi-Green Carbon, Paragon Fine, Par Drugs & Che., and Mahickra Chem.<BR><BR>Quality Snapshot: Excellent management risk is observed at Indian Phosphate, Indian Emuls, Shri Ahimsa, and Paragon Fine, while Average management risk is found at Arvee Laborat., Vital Chemtech, Jocil, Hi-Green Carbon, Par Drugs & Che., Mahickra Chem, and Hindcon Chemical. Growth ratings are Excellent for Indian Emuls, Good for Indian Phosphate, Shri Ahimsa, and Paragon Fine, and Below Average for Arvee Laborat., Vital Chemtech, Indian Phosphate, Jocil, Hi-Green Carbon, Par Drugs & Che., Mahickra Chem, and Hindcon Chemical. Capital Structure is Excellent for Shri Ahimsa, Jocil, and Par Drugs & Che., Good for Arvee Laborat., Indian Phosphate, Hi-Green Carbon, and Paragon Fine, and Average for Indian Emuls and Vital Chemtech, while Hindcon Chemical and Mahickra Chem have Below Average capital structure.<BR><BR>Return Snapshot: All peers, including Hindcon Chemical, have a 1-year return of 0.00%, indicating no growth in that period. No peers have a negative six-month return.